New Logistics and Air Cargo Policy to be announced soon : Mr Suresh Prabhu

  • 22-Nov-2018
  • New Logistics and Air Cargo Policy to be announced soon : Mr Suresh Prabhu

Union Minister of Commerce & Industry and Civil Aviation, Mr Suresh Prabhu declared that the new Integrated Logistics and Air Cargo Policy would be announced ‘very soon’ in which every minute detail pertaining to logistics and cargo would be addressed to the best of the satisfaction of all stakeholders.

Without specifying a timeframe for the declaration of the proposed policy, the Minister emphasized that with Integrated Logistics and Air Cargo Policy be in place, the solutions to critical issues relating to agriculture and manufacturing output and their supplies including exports would be sufficiently explored though the possibilities of making improvement in such an Integrated Policy still exist even in future.

Inaugurating the 4th PHD Air Cargo Summit-2018 under aegis of PHD Chamber of Commerce and Industry here today, Mr Prabhu explained that a specific department of logistics has been created in the Department of Commerce which is finalizing the nitty-gritty of logistics dimensions as also cargo movement with necessary consultation process.

The Government is of the view that the basic objective on which the logistics and cargo policy is being be put in place is based on the premise that its context is important and significant rather than text because both logistics and cargo are one of the biggest growth driven sector in India after services and therefore, all efforts of the policy makers are going in the direction so that following announcement of the policy, the growth of agriculture, manufacturing multiply exponentially with air cargo movement picking up the anticipated movement with affordable tariff structure, indicated the Minister.

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